Scribd reportedly planning to going public on a $1B valuation
Scribd reportedly planning to going public on a $1B valuation SHARE Document, book and audiobook subscription firm Scribd Inc. is in discussions to go public later this year, according to a report today from Bloomberg. The report, referencing people with knowledge of the matter, said the company has held talks with potential advisers on an initial public offering or a merger with a special-purpose acquisition company. The deal would value Scribd at about $1 billion, with an IPO in the fourth quarter a possibility. Founded in 2007, Scribd initially started as a docum...